Press "Enter" to skip to content

Big Brand Tire acquires 14 locations to boost Phoenix presence

The deals bring the company’s store count in the Phoenix area to 24 locations and to more than 165 outlets in Arizona, California and Colorado

Phoenix—FOCUS Investment Banking has announced that three auto service and repair businesses have been acquired by Big Brand Tire, a one-stop tire and auto repair provider based in Phoenix. FOCUS represented C&R Tire, S&S Tire & Auto, and Community Tire Pros & Auto Repair in the transaction.

The deals, comprising 14 locations, closed in mid-December 2021. They boost Big Brand’s presence in the Phoenix area to 24 locations and to over 165 outlets in Arizona, California and Colorado.

In a recent issue of Tire Review Magazine, Joe Buscaglia, CEO of Big Brand Tire, stated, “Big Brand plans to continue to both infill and expand to new markets adjacent to its current footprint. Entering this next chapter of growth, we have a best-in-class team and the right foundation, built on scalable digital infrastructure, to realize our vision of bringing a strong service culture and leading value proposition to more customers.”

Michael McGregor, managing director in FOCUS Investment Banking’s auto aftermarket group, added, “This was the most unique transaction that we have ever done. We took these three complementary tire businesses, combined their financials into one entity ‘on paper’ that we called ‘Project Cactus,’ and went to market collectively as a 14-location store group. We did far better than we would have done going out separately. My compliments to the owners and to my colleague, Cyril Schlup, for keeping the faith that FOCUS could get this done and for working well together through all the ups and downs.”

Community Tire Pros, owned and operated by Howard and Patricia Fleischmann for the past 23 years, has been known for its philanthropic efforts throughout the Phoenix area. C&R Tire is a family-owned tire and auto repair shop started by Ralph Holmstrom Sr. that has been in business in Phoenix since 1996. It has locations in Anthem, Cave Creek, Phoenix, Paradise Valley, and Scottsdale.

S&S Tire was founded in 1976 by Bob Slagle and grew to three locations over the years. His sons Rob and Dan Slagle will continue to operate their specialty wholesale tire business, Affordable Tires USA, which has warehouses in Glendale, Ariz., and Greenville, S.C.

“The FOCUS Investment Banking team was able to combine what seemed to be three very complicated deals into one rather simple transaction,” said Rob Slagle, general manager of S&S Tire. “Despite being close friends with the other two business owners, I’m not sure we could have pulled this off without the expertise of the FOCUS Team.”

Comments are closed.

Bringing you regional and national automotive aftermarket news
Verified by MonsterInsights